Posted on 25 Apr 2022
According to data from the Argentinian steel association, Cámara Argentina de Acero (CAA), Argentina produced around 417,000 tons of crude steel in March this year, rising by 30.7% compared to the previous month.
During the period, the output of hot-rolled coils had a month-on-month increase of nearly 20% to roughly 408,000 tons, and that of cold-rolled coils hiked by 15.8% month on month to approximately 111,000 tons.
The increase in production was due to higher demand from automobile manufacturing, agricultural machinery manufacturing, infrastructure, and energy industries.
Source:Yieh
